Sep 24, 2012 3:00pm EDT
taxes. nice to have you with us. it's a referendum on taxes but as candidate romney said some months ago down in florida, if 47%, 46% of the households are already paying no taxes, is his message of lower taxes going to resonate with that significant portion of the electorate? >> i actually think that message does resonate. most americans know instinctively higher taxes mean slower growth, fewer jobs. whether you're paying income taxes, everyone has a strong interest in robust economy and a low tax rate is part of that. >> sir, if obama wins re-election, will republicans have to give up on their no tax hike position? >> the question is not really whether they'll give up. no, they don't have to give up. the problem is all the bush tax cuts run out automatically. republicans could vote to extend them unless the president is willing to sign that extension. then they run out. that, by the way, could have happened in 2010. the only reason we were able to avoid it then is the president, i think, wisely decided the economy was too weak and we bargained with him. gave him an extension of une
Sep 24, 2012 4:00pm EDT
mitt romney is proposing. >> people with higher incomes won't get the same high growth rate in their benefits than people with lower incomes. >> announcer: is it time for americans to pay up for entitlements and will that end up costing him votes in november? plus, which defense companies will get hit the hardest if congress isn't able to avoid billions in spending cuts? details are ahead. and is it possible to solve global poverty and be prosperous at the same time? the head of one venture capitalist thinks so. the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great.
Sep 24, 2012 3:00pm EDT
country with the clear choice. it's a choice election where you decide do you want the romney plan, pro-growth policy, gets people on track, or more of the same four years of president obama, 15% poverty rate, unemployment above 8%, 43 months, 23 million people struggling for work. >> is there something in the polls you have to change about your message? scot walker wants to see more of paul ryan of old on the campaign trail? anything you can specifically -- >> scott is a backer of mine, but what at the final analysis when people see the clear choice, the contrast of the two visions, we'll be fine. you know why? because president obama's not working. he's failed leadership, not tacklinged the debt crisis, crammed through a one size fits all government takeover the health care, taking over the financial services sector with regulations, stifling energy creation with the regulations. he's promising huge tax increases in january. that just gives us more economic malaise. it's the greatest -- >> 47% talk we heard so much about, what is it about the 47%? is it the government? is it a change